Russian Deputy Transport Minister summoned for questioning in Aeroflot embezzlement case - RUSSIAN AVIATION

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Russian Deputy Transport Minister summoned for questioning in Aeroflot embezzlement case

Russian Aviaton » Tuesday October 25, 2016 17:13 MSK

Aeroflot A321 aircraft | photo courtesy by Aeroflot press-service

The Savelovsky District Court of Moscow plans to question Deputy Minister of Transport Valery Okulov as a witness in the case on embezzling over $122.5 million at Aeroflot in the latter half of the 1990s, RIA Novosti reported on Tuesday.

Okulov, ex-CEO of Aeroflot Russian Airlines, has been summoned for November 8.

According to investigators, former Aeroflot deputy director general Nikolai Glushkov conspired with deceased oligarch Boris Berezovsky and convinced then Aeroflot head Yevgeny Shaposhnikov to make large currency loans allegedly for the company’s financial restructuring. Practically, the funds were embezzled.

Glushkov, who had left for England, was charged in absentia.

Berezovsky left Russia in 2000, soon after criminal proceedings were launched against him. He never returned to his homeland and was granted political asylum in the UK in 2003. He was found dead in his Berkshire home in March 2013.

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